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REGISTERED NUMBER: 05941285 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 September 2023

for

K.A.T Contracts Limited

K.A.T Contracts Limited (Registered number: 05941285)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


K.A.T Contracts Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: F C Harris
F E L Harris
Mrs L E Harling
Mrs K L Sahdev





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicestershire
LE19 1WP





REGISTERED NUMBER: 05941285 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
K.A.T Contracts Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K.A.T Contracts Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of K.A.T Contracts Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of K.A.T Contracts Limited and state those matters that we have agreed to state to the Board of Directors of K.A.T Contracts Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K.A.T Contracts Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that K.A.T Contracts Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of K.A.T Contracts Limited. You consider that K.A.T Contracts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of K.A.T Contracts Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


13 February 2024

K.A.T Contracts Limited (Registered number: 05941285)

Balance Sheet
30 September 2023

30.9.23 30.9.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,369 45,334
Investment property 5 1,862,713 1,862,713
1,904,082 1,908,047

CURRENT ASSETS
Debtors 6 6 4,681
Cash at bank 1,853 4,988
1,859 9,669
CREDITORS
Amounts falling due within one year 7 1,025,434 1,114,878
NET CURRENT LIABILITIES (1,023,575 ) (1,105,209 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

880,507

802,838

CREDITORS
Amounts falling due after more than
one year

8

(17,957

)

(21,997

)

PROVISIONS FOR LIABILITIES (30,456 ) (32,817 )
NET ASSETS 832,094 748,024

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 831,994 747,924
SHAREHOLDERS' FUNDS 832,094 748,024

K.A.T Contracts Limited (Registered number: 05941285)

Balance Sheet - continued
30 September 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





F C Harris - Director


K.A.T Contracts Limited (Registered number: 05941285)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

K.A.T Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

K.A.T Contracts Limited (Registered number: 05941285)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 45,722 42,413 1,640 89,775
Additions 7,100 7,311 - 14,411
Disposals - (8,155 ) - (8,155 )
At 30 September 2023 52,822 41,569 1,640 96,031
DEPRECIATION
At 1 October 2022 25,558 18,555 328 44,441
Charge for year 6,816 6,645 328 13,789
Eliminated on disposal - (3,568 ) - (3,568 )
At 30 September 2023 32,374 21,632 656 54,662
NET BOOK VALUE
At 30 September 2023 20,448 19,937 984 41,369
At 30 September 2022 20,164 23,858 1,312 45,334

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 1,862,713
NET BOOK VALUE
At 30 September 2023 1,862,713
At 30 September 2022 1,862,713

K.A.T Contracts Limited (Registered number: 05941285)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Trade debtors 6 4,613
Prepayments and accrued income - 68
6 4,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Hire purchase contracts 4,040 4,040
Trade creditors 36 3,805
Corporation tax 28,468 27,441
Social security and other taxes 5,134 -
VAT 10,656 8,634
Other creditors 6,629 5,627
Directors' current accounts 895,839 1,024,081
Accruals and deferred income 74,632 41,250
1,025,434 1,114,878

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Hire purchase contracts 17,957 21,997

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
as restated
£    £   
Hire purchase contracts 21,997 26,037

The loan is secured against the asset in which it relates to.

K.A.T Contracts Limited (Registered number: 05941285)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: as
restated
£    £   
40 Ordinary £1 40 40
40 Ordinary A £1 40 40
20 Ordinary B £1 20 20
100 100